6 Beds
3 Baths
4,200 SqFt
6 Beds
3 Baths
4,200 SqFt
Open House
Sun Jun 07, 1:00pm - 3:00pm
Key Details
Property Type Single Family Home
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $71
Subdivision Fowler Critchley & Corlett All
MLS Listing ID 5213141
Bedrooms 6
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 4,200
Total Fin. Sqft 4200
Year Built 1920
Annual Tax Amount $9,996
Tax Year 2025
Lot Size 6,185 Sqft
Acres 0.142
Property Sub-Type Triplex
Property Description
Excellent investment opportunity with immediate cash flow and cap rate. This well-maintained legal triplex features 3 units each with 2 bedrooms, 1 bath. 2 rooms are occupied and 1 is move-in-ready available for tenant or owner occupancy.
Current rents:
Unit 1: $1,300/month (occupied) 1680 sq ft, 2 bedroom, +bonus room, 1 bath, lease until 6/30/27
Unit 2: $1,275/month (occupied) 1680sq ft, 2 bedroom +bonus room, 1 bath, lease until 3/31/27
Unit 3: $975/month (listed) 840 sq ft, 2 bedrooms, 1 bath
Total full rent: $3,550
Recent Updates: new flooring on 2nd unit, new hallway stairs, a full electrical rewire completed in 2023, windows repaired/repainted, basement painted, new water heater, new 3rd floor heaters. Property previously passed owner inspection in 2023 (including redone garage floor and garage wall). Lead certification nearly complete (paint scraped, repainted, currently waiting on lab results). POS inspection pending.
Location: near Case Western Reserve University, University Circle hospitals, Coventry Village, and Little Italy, making it highly attractive to students and healthcare professionals.
Location
State OH
County Cuyahoga
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Laundry Common Area
Exterior
Parking Features Paved
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Garage true
Private Pool No
Building
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Cleveland Hts-Univer - 1810
Others
Tax ID 684-01-063
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA
Listing Terms Cash, Conventional, 1031 Exchange, FHA
Special Listing Condition Standard
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